SEC Form 4 · accession 0001179110-17-015813
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G. Williams
Officer — COO, Vistana Signature Exp
Period of report
Dec 19, 2017
Accepted (ET)
Dec 21, 2017 · 7:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434620
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF2 | Dec 19, 2017 | A | 224 | $27.82 | A | 95,840 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Retricted Stock UnitsF3,F1 | $0.00 | Dec 19, 2017 | A | 255 | A | — | — | Common stock | 255 | 47,508 | D |
| Retricted Stock UnitsF4,F1 | $0.00 | Dec 19, 2017 | A | 95 | A | — | — | Common stock | 95 | 17,827 | D |
Explanation of responses
- F1The rights accrued when and as cash dividends were reinvested in securities and vest on the same terms as the RSUs to which they relate with vested shares delivered shortly after vesting.
- F2Includes 41,864 shares of restricted stock granted pursuant to ILG's 2013 Stock and Incentive Compensation Plan, including 224 shares of restricted stock issued effective December 19, 2017 in connection with the company's cash dividend, all of which are subject to forfeiture under certain conditions.
- F3Represents 47,253 RSUs originally granted on May 12, 2016 plus prior dividends and 255 RSUs issued effective December 19, 2017 in connection with the company's cash dividend.
- F4Represents 17,732 RSUs originally granted on February 14, 2017 plus 95 RSUs issued effective December 19, 2017 in connection with the company's cash dividend.